865 W HUNTINGTON DRIVE, ARCADIA CA 91007

  • 34,972 sq.ft.
  • 55,507 sq.ft. lot
offered at $15,750,000
MLS#:AR18207539
Status: Active // Property Type:
County: Los Angeles // Year Built: 1954

Property Description

A prominent 42-unit value-add apartment community located in the highly desirable City of Arcadia, CA - ARCADIA SCHOOL DISTRICT! The property is unique due to its size and its superb location just a block away from the highly popular Westfield Santa Anita Mall and Santa Anita Race Track, providing unparalleled access to some of the main attractions in the West San Gabriel Valley submarket. The property is a two-story garden style apartment community with a beautiful center courtyard and ample parking in both the front and back. The property consists of 3 different parcels and buildings. The first building (855 W Huntington) has 11-units; the 2nd building (865 W Huntington) has 20-units, and the remaining 11-units are in the 3rd building (875 W Huntington). The property offers a superior unit mix with one (1) 3 bedrooms + 2 bathrooms, four (4) LARGE 2 bedrooms + 1 bathroom, fifteen (15) 2 bedrooms + 1 bathroom, and twenty-two (22) large 1 bedroom + 1 bathroom units. From 42-units, only 16-units have been partially upgraded.Each unit is separately metered for electricity and gas. The property has a fenced swimming pool, barbeque area, well-maintained landscaping, 3 shared laundry rooms (laundry leased), and carport parking in the back. The property has a total of 66 parking spaces with 36 carports, 3 garage spaces, 2 unmarked spaces and 25 open parking spaces in front of the buildings.

Listing Courtesy of Handoko Chen, GIG Real Estate Inc.

Interior Features

Interior Features: Balcony, Ceiling Fan, Ceramic Counters, Copper Plumbing Partial, Granite Counters, Unfurnished // Heating: Central Furnace, Floor Furnace, Wall Heater, Natural Gas

Exterior Features

Exterior Features: Street Lighting, Suburban, Valley // Roof: Shingle
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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Based on information from California Regional Multiple Listing Service, Inc. as of August 24, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.